Trident Microsystems' shares on rise after 2Q earns report

MichaelBaron

NEW YORK (MarketWatch) -- Shares of Trident Microsystems
trid
leapt almost 17% to $25.07 on Thursday after the Sunnyvale, Calif., maker of digital media semiconductors reported fiscal second-quarter pro forma earnings of $10.2 million, or 17 cents a share, ahead of the average estimate of analysts polled by Thomson First Call for a profit of 15 cents a share. Revenue soared 164% in the latest three months to $40.6 million from $15.4 million in the same period a year earlier.

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